Is TradingView Premium Worth It?


Jeremy BiberdorfBy: Jeremy Biberdorf

February 4, 2023February 4, 2023

TradingView

Are you making the most out of Tradingview yet?

This amazing charting platform offers many free features that you’ll love, from charting to market data and alerts.

And, with all those perks, you might be thinking, “why should I upgrade to a paid plan?”

Let me tell you, if you’re still on the fence about upgrading, you’re missing out on some serious benefits.

In this TradingView review, I’ll walk you through some features and reasons why TradingView premium is worth the investment as an experienced trader.
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What Do I Get Using TradingView Free Plan?

So, you’re probably aware that TradingView offers a free plan with some basic features.

But let’s be real. With all the restrictions on chart indicators, multiple chart layouts, saved chart layouts, alerts, historical price data, and live data access, you’re only getting the bare minimum.

The free plan is only good enough for beginners and casual traders who need to complete the basics.

But let’s not settle for just getting by, right? If you’re looking to level up your trading game, it’s time to upgrade to TradingView Pro subscription plan so you explore the technical indicators in your trading strategies.

With this plan, there are no restrictions, giving you the flexibility to make the most of the platform, no matter your demands.

Features of TradingView Premium

  • Multiple charts and native multi-monitor support

If you’re tired of only being able to see one chart at a time, you’ll be happy to know that with this charting tool, you can have up to 8 charts synced and organized in a single tab.

No more tab-switching headaches or changing tickers on the same tab. This is a game-changer when it comes to boosting your productivity.

And if you’re a multitasker, their desktop application has multi-monitor support, so you can spread your workspace beyond your browser.

Now you can have your charts, YouTube, Bloomberg TV, and other order management apps all in one seamless setup, maximizing your efficiency.

  • Bar replays

This advanced feature lets active traders relive the market’s glory days by playing back the bars from a selected starting point. Want to sit back and relax? Turn on the autoplay and watch the magic unfold. Want to be in control? No problem, just hit the play button whenever you’re ready.

The best part? You can apply bar replay to multiple charts as long as they’re all in one neat layout. Perfect for when you want to test out different strategies and analyze historical data in the stock market.

Although you can get this on the free plan, it does have a restriction – it’s only available for a higher time frame. This is why you may want to consider TradingView premium to reap the full benefit of this feature.

  • Fastest data flow

You know what they say, time is money in trading! And, to make the big bucks, you need to stay ahead of the game. The free plan might not cut it for you, with updates only once a second on US markets. That’s just too slow for a fast-paced trader like you.

With a premium plan, you’ll have access to lightning-fast data flow updates as trades happen. No more waiting for lags. You’ll be able to make informed decisions in real time and even custom time intervals.

  • Historical financial data on charts

With Trading view’s historical financial technical indicator data feature, you can add all sorts of juicy info, like annual and quarterly financial and economic metrics, to your charts.

All plans have access to this powerful feature, but with TradingView Pro, you get even more.

You’ll have access to 20 years of annual financial writing and 8 years of quarterlies. But if you’re on the free plan, you’ll only get 6 years of annual data.

  • Saved chart layouts

Imagine having your chart setup, tailored to your exact preferences, right at your fingertips! With TradingView’s chart layouts, you can do just that.

And the best part? You can save and store multiple chart layout settings.

But let’s face it. For active traders, one chart layout just won’t cut it. You deserve the flexibility to switch things up and have different chart setups for different strategies.

And that’s what you get with the Premium plan.

  • Personalized customer support

Stuck and need some help with TradingView? No problem, they’ve got you covered with their help center filled with articles answering all the common questions.

But what if you need some more personalized attention? Well, that’s where TradingView’s dedicated customer service team comes in. They offer what they call ‘full individual support’ to give you that extra bit of TLC.

But here’s the catch, this VIP treatment is only for those with a paid plan.

How Much Does TradingView Premium Cost?

For just $39.95-$59.95 a month, you’ll have access to 200 alerts, 25 indicators on every chart, and the ability to have eight charts all laid out neat and organized.

And let’s not forget about the Premium Plan. You’ll have priority access to the dedicated customer support team – who are there to help you every step of the way.

Is It Worth Paying for TradingView Premium?

If you’re looking to up your trading game and get the most out of the financial market, TradingView Premium is definitely worth the investment.

With its unbeatable features, like access to real-time data, News Feeds, fast data flow, a wealth of historical financial data, custom indicators and personalized customer support, you’ll have all the resources you need to maximize your profits.

And let’s not forget about those super handy TradingView chart screeners, alerts, and indicators that make your life much easier.

So, why wait if you’re serious about taking your trading to the next level? Take advantage of TradingView Premium today and start making trading like a pro.

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Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. After working many years in the website marketing industry, he decided to take on blogging full time and also get his finances headed in the right direction. Also check out his contributions to Equities.com and Benzinga.

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